745 Woodlawn Road, Woodlawn, VA 24381
Waiting List Forecast: Likely Short or None
Verified for 2022 by Lorena Bentley, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
This project has been funded and will begin construction soon.
Now leasing! 1-866-433-3387
The Landmark Group (Landmark), a Winston-Salem, N.C.-based real estate development and property management firm, has entered into an agreement with the Carroll County Industrial Development Authority (IDA) to refurbish and repurpose Woodlawn School in Woodlawn. The Carroll County IDA is contributing the building along with approximately six acres of land to the project. The plan combines grants and tax credits provided by the Virginia Housing Development Authority (VHDA) to perform required repairs and upgrades on the building while converting the building to 51 affordable one-, two- and three-bedroom apartments.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Woodlawn School Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year | $81,400 / year | $87,450 / year | $93,450 / year | $99,500 / year |
| 50% AMI for PBRA Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year | $81,400 / year | $87,450 / year | $93,450 / year | $99,500 / year |
| 60% AMI for LIHTC Units | $63,300 / year | $72,360 / year | $81,420 / year | $90,420 / year | $97,680 / year | $104,940 / year | $112,140 / year | $119,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Woodlawn School Apartments have a waiting list?
Woodlawn School Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Woodlawn School Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Woodlawn School Apartments?
Woodlawn School Apartments is managed by Landmark Properties, CW LLC headquartered in Yakima, Washington.
In addition to Woodlawn School Apartments, how many other affordable housing properties (and units) are there in Fairfax County?
In addition to Woodlawn School Apartments, we list 157 other affordable properties in Fairfax County. Learn about these properties here. Our data research shows that there are a total of 5554 affordable units in Fairfax County.
Looking for landlords who will take a Section 8 voucher?
Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.Kim Eatmon says:
"Affordable Housing Online is a great way to see what’s available for low income housing."